As of October 24, 2022, in most European countries, about 30% of annual gas consumption was stored in storage facilities. Only one country provided itself with gas for a year — Latvia — where 116.6% of the average annual volume of consumption is now stored, in Austria 94.5%.
In the largest economies: German reserves account for 26.4% of the average annual consumption, France — 30.7%, Great Britain — only 1.4%.
<<< November 08, 2022 Feed >>>
Now European households are paying more for electricity and gas than ever, writes Bloomberg. The average retail gas price in the European Union and the UK this October was almost 18 euro cents per kilowatt-hour, twice as high as in the same month last year. Electricity costs for households soared by 67% compared to last October, to 36 euro cents per kilowatt-hour.
On a monthly basis, the average tariff for electricity increased by 3.4% in October, and for gas — by 2.5%.
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On November 8, the midterm elections to Congress will be held in the United States.
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The number of ads for the urgent sale of an apartment in Russia rose to a record, CIAN reported
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The Supreme Court has ruled that borrowing too heavily is not, in itself, grounds for refusing to write off a borrower’s debts in bankruptcy. If, when applying for a loan, the borrower provided reliable information about his finances, then the risk of default should be borne by the bank as a professional market participant, the court decided
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In 2022, the DPRK has already conducted 40 launches of missiles of various ranges, including (for the first time since 2017) tests of intercontinental ballistic missiles. And yet — a record number of missiles of unknown range were tested
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According to a poll by the Levada Center (the organization is recognized as a foreign agent), 64% of Russians consider TV the main source of information. 39%, 32% and 18% of respondents, respectively, most often learn information about events in the country and the world from online publications, social networks and Telegram channels.
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About 60% of compostable plastic does not actually decompose in half a year, despite manufacturers’ assurances. In landfills, this waste ends up in soil and groundwater. The only way to protect nature is to use less plastic. These conclusions were made by British scientists during the «Big Composting Experiment» with the participation of 9.7 thousand people.
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The Supreme Court of Greece ordered an investigation after the publication of an article about the illegal surveillance that the security forces conducted for dozens of politicians, journalists and businessmen, the Daily Mail newspaper writes.
According to the Documento newspaper, the surveillance was carried out on the orders of Prime Minister Kyriakos Mitsotakis. More than 30 people were under observation. According to the publication, intelligence agencies used illegal software known as Predator.
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About 300 Serbian police officers and civil servants from Kosovo have resigned. This is how they reacted to the dismissal of Nenad Djuric, the head of the police of the Sever Directorate. Djuric was suspended due to disagreement in participating in the campaign to abandon the Serbian numbers. In addition to the police, judges, some mayors and even a government minister also quit.
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Venture capital investment in China has been drastically reduced this year, making it one of the most underperforming countries in the world to invest. According to research firm Preqin, the value of venture capital deals in the country fell 44% to $62.1 billion in October compared to the same period in 2021. One of the successful ones was China’s semiconductor sector, which raised $7.9 billion in 2022, up 24% from the same period last year, writes Bloomberg.
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Lithuania opened a trade office in Taiwan
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«Oscar» after a three-year break returns to the previous format — the host of the 95th ceremony will once again be the winner of «Emmy» Jimmy Kimmel.
Kimmel was the host of the Oscars in 2017 and 2018, and since 2019 only well-known actors have presented the award, there was no traditional link between their appearances — the host.
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World Economic Forum experts have named the main threat to business in the G20 countries for the coming years. According to them, rising inflation will become a key problem for entrepreneurs working in the G20 countries. Environmental issues and the threat of cyberattacks have faded into the background for the first time in many years.
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Russians on average need to receive 205 thousand rubles. a month to feel happy, the SuperJob survey showed. For six months, the price of happiness has grown by almost 8% (from 190 thousand rubles) and for the first time exceeded the mark of 200 thousand rubles. According to the study, men, on average, need more money than women, and older generations more than young people.
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According to RBC, 63% of employers surveyed reported refusing to issue New Year’s bonuses this year. Last year, 35% of businessmen refused to issue bonuses
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Scientists from Cambridge for the first time in the world poured artificially grown red blood cells into people. The study on the transfusion of artificially created blood cells is called Restore and is being conducted jointly by specialists from several scientific centers. In the future, it can make life easier for patients with diseases of the hematopoietic system, according to the University of Cambridge.
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The savings rate of Americans has fallen to the lowest level since 2008: in September, Americans saved only 3.1% of their disposable income! This is ten times less than the figures of spring 2020 — and 2-2.5 times less than the normal «non-crisis» indicators of the last decade.
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Shares of Carvana, which once peaked at $376.83, fell 42% to $8.37 on the day following the announcement of poor quarterly results. Since the beginning of the year, the stock has fallen by 96%. Carvana bonds also fell to record lows, with some securities maturing in 2028 falling below 40 cents on the dollar, Bloomberg writes.
Garcia’s business flourished during the pandemic, but now their business model based on buying and selling cars on an e-commerce platform is suffering from a deteriorating used car market and interest rate volatility.
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Members of the «Last Generation» movement, who blocked traffic in Munich, were sent to jail for 30 days. The other day they sat on the ground on a busy street, some glued their palms to the pavement.
The decision was made before the trial — the Bavarian law of 2018 gives the police the right to such an arrest. Among those arrested are people from 23 to 79 years old. Activists continue to protest and do not rule out, for example, that they will block airports.
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In the Netherlands, activists from Just Stop Oil received two months in prison (one of which was suspended), one of whom glued his head to Vermeer’s Girl with a Pearl Earring, and the second poured soup over the first
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Industrial production in Germany in September rose by 2.6% in annual terms, although energy-intensive industrial sectors and showed a nearly 10% decline.
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Chemical giant BASF has no plans to move production outside of Germany, but rather opens a new plant in Schwarzheide in the east of the country at the end of the year.
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All Quiet on the Western Front, the first German film adaptation of Erich Maria Remarque’s famous novel about the First World War, was released on Netflix at the end of October.
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According to Forbes USA, 26 American billionaires became richer by $1 billion or more in October. After hitting an annual low in September, the Dow Jones Industrial Average, which includes 30 blue-chip companies like Apple, Disney and Coca Cola, rose 14% by the end of October, its best monthly performance since 1976.
In dollar terms, Larry Ellison, co-founder, chairman and CTO of Oracle IT Corporation, made the most money last month. His net worth jumped $16.6 billion as Oracle shares surged 24% since mid-September, when they sank on disappointingly low revenue and August cuts.
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Automaker Volvo Car AB has announced that it will sell China’s Geely Automobile Holdings Ltd. its 33% stake in their joint venture, Aurobay powerplants. The terms of the deal were not disclosed. Volvo Car will use proceeds from the sale of its stake in Aurobay to develop its electric vehicle operations.
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Renault SA, a French automaker, has announced that it expects to increase its operating profitability by decoupling its electric and combustion engine businesses.
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The Japanese manufacturer of game consoles and video games Nintendo Co increased its net profit in the first financial half by 34%, revenue — by 5.2%
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U.S. GPU maker Nvidia Corp is offering Chinese companies an alternative to high-performance chips that were blocked by U.S. export restrictions in early October.
In a message sent by the company to Chinese distributors, it said that shipments of A800 chips, which began production in the third quarter, are not subject to export restrictions.
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The Parliament of Kazakhstan has developed amendments to the law on granting citizenship, according to which the grounds for refusing an applicant may be ignorance of the Kazakh language, the basics of history and legislation of the republic, Prime Minister Alikhan Smailov said.
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Zhong Shanshan, a Chinese entrepreneur, founder of Nongfu Spring beverage company and owner of Beijing Wantai Biological Pharmacy Enterprise, has become China’s richest man.
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Rental prices in the Bulgarian capital rose for the first time in four years. In September, the market showed a 10% increase in prices after a long downtime, and now you can rent a two-room apartment in Sofia for an average of 385 euros per month.
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The President of Montenegro has vetoed a law restricting his powers, which was passed by parliament last Wednesday by a majority vote. According to the RTCG portal, the head of state, Milo Djukanovic, said that the entry into force of the law would call into question the preservation of constitutionality in the country.
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According to the National Confederation of Farmers Coldiretti (Italy), this year a record of beer consumption was set: about 35 liters of this drink per person. And the total production amounted to 2 billion liters and is estimated at 9.5 billion euros. Two out of three beers in Italy are craft beer produced in the country, its exports in 2022 increased by at least 12%.
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Climate change service Copernicus reported that air temperatures in October 2022 were almost 2°C above the average for the past thirty years. Temperature records have been broken in Western Europe, in particular in Austria, Switzerland and France, as well as in parts of Italy and Spain.
Much of southern Europe experienced less rain than usual last October. At the same time, in the northwest of the Iberian Peninsula, in France and Germany, Great Britain and Ireland, as well as in the northwest of Scandinavia, the amount of precipitation exceeded the average for this time of year.
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A resident of the province of Gelderland (Netherlands) discovered a picture of Vincent van Gogh in an old family album, which he bought at a flea market. It also contains a photograph of a woman who may be the sister of the artist Wil van Gogh, one of the pioneers of the feminist movement. Now the authenticity of the images is checked at the Van Gogh Museum in Amsterdam, according to broadcaster Omroep Gelderland.
The caption on the picture, which supposedly depicts Van Gogh, says that the photo was taken in 1884, when he was 30 years old. Until now, only one photograph of the painter was known in the world, who was wary of the then new photography technology.
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Microsoft has built in unstoppable ads in the Windows 11 Start menu. She appeared in the menu for changing the user and locking the computer. One of the options offered offers to back up files and has an icon for OneDrive, a Microsoft cloud service.
Apparently, the «advertising place» will show the user various spam. True, so far it has been shown only to beta testers — participants in the Windows Insider program, and even then not to everyone.
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In the third quarter of 2022, the German Muenchener Rueckversicherungs-Gesellschaft AG (Munich Re), one of the largest reinsurance companies in the world, increased its net profit by 44%.
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